Going to college is a rite of passage for millions of teenagers every year. Higher education is very important but the costs can add up quickly. This infographic looks at student debts in comparison to the average American income. Source

It’s no secret that, with skyrocketing tuition rates, many college graduates are leaving their Alma Maters with a degree in one hand and a pile of debt in the other. As the Wall Street Journal recently reported, student loan debt has now surpassed credit-card debt: a trend that has sparked heated debate and caused many […]

Student debt is a big concern for individuals looking to attend college. However; there are some great tips on ways to minimize your student debt by loan consolidation. Get empowered by understanding your financial obligations to repaying your student loans. Source

They say after the tech bubble and the real estate bubble, we’ll see the bursting of the student loan bubble. Indeed, while education is valuable, it’s also true that too many college students borrow far more for their education than they can pay back. This infographic gives us the numbers behind student loans. Source

For all you recent grads enjoying the summer sun, don’t forget that come autumn, student loans will come a reckoning. Use this time now to plot out your repayment plan. This guide will show you how to get started gathering the information you need and making some important decisions about how you will structure your […]

Under the health care package set forth by President Obama the United States student loan program was revamped. The Congressional Budget Office estimates that the changes will save American taxpayers $61 billion over 10 years by forcing commercial banks out of the federal student loan market. Higher education has long been costly but hopefully these […]

Student loan debt, now at $830 billion, has surpassed credit card debt—a statement not likely to have been heard 20 years ago. Student loans, unlike any other form of debt, CANNOT be forgiven via bankruptcy—these loans MUST be repaid. Is this the next bubble to burst? Source